metals

National Aluminium Co

NATIONALUM · Nifty 50

370

Price 2026-06-17

BROAD EXPANSION73% confidence

At a Glance

Sector Positionmetals sector. Flow: neutral. is not among current leaders. Regime: BROAD EXPANSION (73%).
Fundamental Score85/100 (STRONG). 2 positive flags, 4 concerns.
Historical Context17 similar technical setups. Average outcome: -11.7% decline. 0% positive.

Fundamental

85/100

STRONG

Trust

95/100

Verification

Coverage

44/100

LIMITED

Quick Take

National Aluminium Co scores 85/100 on fundamentals (strong). National Aluminium Co: BROAD EXPANSION regime.

Fundamental Score: 85/100 · STRONG · 2 signals detected

DuPont Analysis

ROE 34.5% broken into three drivers. Each shows how efficiently the company generates returns.

ROE34.5%=
34.2%Net Margin
×
0.8xTurnover
×
1.3xLeverage

ROE of 34.49% is strong margin-driven and stable. Net margin of 34.2% × asset turnover of 0.79x × leverage of 1.3x.

What This Means

Net margin of 34.2% means the company keeps ₹34.2 as profit for every ₹100 of revenue. This is a healthy margin. Asset turnover of 0.79x means the company efficiently uses its assets to generate revenue. Leverage of 1.3x means the company uses moderate debt. Returns are primarily driven by operations, not borrowing.

Margin Structure

Gross

59.1%

Operating

46.0%

Net

34.2%

stable

Gross margin 59.1% → operating margin 46.0% → net margin 34.2%. Margins are stable.

Financial Health

Earnings Quality

WEAK

Cash flow only covers 0.9x of net income — earnings quality is WEAK. Profit may not be converting to cash. Check receivables and inventory.

Debt Sustainability

COMFORTABLE

Interest covered 90.5x — very comfortable. Debt service is not a concern.

Free Cash Flow

STRONG

FCF margin at 25.6% — strong cash generation. Business is self-funding.

Peer Comparison

National Aluminium Co is compared against 10 peers in the metals sector.

Key Watchpoints

🟢

Breaks above ₹388 (+5%)

Trend reversal confirmation

🔴

Breaks below ₹352 (-5%)

Further downside risk

🟢

Metals sector entering leadership

Sector rotation signal

Detected Patterns

✅ Cash Flow Inflection: FCF turned positive after negative periods — major transition
➡️ Leverage Slowly Rising: Debt growing faster (222.8%) than equity (23.8%)

Risk Flags

🔴 2 Critical⚠️ 2 Warning2 Positive6 total flags
🔴Cash covers only 3% of current liabilities
Balance Sheet

Liquidity squeeze. Company may struggle to meet short-term obligations without refinancing.

🔴Overall governance risk: 10/10
Governance

Elevated risk score. Review audit, board, and shareholder rights metrics.

⚠️Audit risk elevated: 9/10
Governance

Potential accounting concerns. Cross-check with earnings quality flags.

⚠️Board risk elevated: 10/10
Governance

Governance structure concerns. Independent director representation may be weak.

Minimal unusual items — clean earnings
Earnings Quality

Profits are from core operations, not one-offs. High quality.

Assets relatively new (31% depreciated)
Balance Sheet

Modern asset base. Lower near-term capex requirements.

🔴 2 CRITICAL flags — significant concerns. Investigate before investing.

Data Quality

95/100All ratios self-computed from verified sources. Multi-year data.

News Correlation

margin pressure (4)management outlook (4)

50 articles scanned for fundamental themes

Facts

P/E Ratio
11.3UNAVAILABLE
P/B Ratio
3.2HIGH
Market Cap
₹6921347.4L CrHIGH
From 52W High
83% of high
Sector Peers
10